PASCOE ENGINEERING LTD.

💤Zombieactive
SC273327 · ltd · incorporated 2004-09-14
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£922.2k
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
ALSO REGISTERED FOR
  • 29320SIC 29320
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 2.8y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £922,222
Cash YoY
+35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£291k
↑ 35% YoY
Net Worth
£922k
~ YoY
Current Assets
£1.0m
↑ 13% YoY
Current Liabilities
—
£0£208k£416k£624k£832k£1.0mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£981.8k£953.5k
Current assets£1.04M£918.1k
Cash£291.4k£215.7k
Debtors£287.6k£522.7k
Net assets£922.2k£916.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-07-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-09-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-24
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2023-08-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2023-07-27
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  7. 2022-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-08-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2022-08-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-08-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-08-09
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2022-08-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-08-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-08-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2022-08-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-08-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-07-04
    ➕
    BOYD, William appointed
    secretary
  18. 2022-07-04
    ➕
    BOYD, William appointed
    director
  19. 2022-07-04
    ➖
    PATTERSON, Finlay Houston resigned
    secretary
  20. 2022-07-04
    ➖
    MASON, Fiona resigned
    director
  21. 2022-07-04
    ➖
    PATTERSON, Agnes resigned
    director
  22. 2022-07-04
    ➖
    SMITH, Robert Mcneil resigned
    director
  23. 2021-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2019-10-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2012-11-01
    ➕
    MASON, Fiona appointed
    director
  27. 2012-11-01
    ➕
    PATTERSON, Agnes appointed
    director
  28. 2004-09-14
    🏢
    Company incorporated
    As PASCOE ENGINEERING LTD.
  29. 2004-09-14
    ➕
    PATTERSON, Finlay Houston appointed
    secretary
  30. 2004-09-14
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  31. 2004-09-14
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  32. 2004-09-14
    ➕
    SMITH, Robert Mcneil appointed
    director
  33. 2004-09-14
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  34. 2004-09-14
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Ums Flowell Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ums Flowell Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
PASCOE ENGINEERING LTD.
This company · SC273327

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ums Flowell Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control04/07/2022
1 historic (ceased) PSC
  • Ms Agnes Pattersonceased 04/07/2022· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Manufacturing · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ODOUR GUARD BAGS LTD→
SC848214 · est 2025 · no financials extracted
———————
RAPIDFORM 3D LIMITED→
SC880876 · est 2026 · no financials extracted
———————
REEKIE LTD→
SC542442 · est 2016 · no financials extracted
————9y——
RS MOTORSPORT BY ROBERT STUART LTD→
SC673533 · est 2020 · no financials extracted
————5y——
SALTIRE LIFT SERVICES LTD→
SC463630 · est 2013 · no financials extracted
————12y——
SANY HEAVY MACHINERY (UK) LTD→
SC656507 · est 2020 · no financials extracted
————6y——
SCOBBIE CAMPERS LTD→
SC699961 · est 2021 · no financials extracted
————4y——
STEVENSON & KELLY (ROOF TRUSSES) LIMITED→
SC111708 · est 1988 · no financials extracted
————37y——
STONE OPTIONS LTD→
SC810107 · est 2024 · no financials extracted
————1y——
STRATHKELVIN INSTRUMENTS LIMITED→
SC182258 · est 1998 · no financials extracted
————28y——
STROCKWELD LIMITED→
SC069348 · est 1979 · no financials extracted
————46y——
SUBCOOL SERVICING LIMITED→
SC624977 · est 2019 · no financials extracted
————7y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2004-09-14
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

29 Brandon Street
Hamilton
Lanarkshire
ML3 6DA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14

Officers (2 active · 6 resigned)

BOYD, William→
secretary · appointed 2022-07-04
View their other companies + combined net worth →
Active
BOYD, William→
director · ~63y · appointed 2022-07-04
View their other companies + combined net worth →
Active
PATTERSON, Finlay Houston→
secretary · appointed 2004-09-14 · resigned 2022-07-04
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2004-09-14 · resigned 2004-09-14
Resigned
MASON, Fiona→
director · ~62y · appointed 2012-11-01 · resigned 2022-07-04
Resigned
PATTERSON, Agnes→
director · ~87y · appointed 2012-11-01 · resigned 2022-07-04
Resigned
SMITH, Robert Mcneil→
director · ~72y · appointed 2004-09-14 · resigned 2022-07-04
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2004-09-14 · resigned 2004-09-14
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property27/07/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-small
accounts · AA
2025-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-24
change-account-reference-date-company-previous-extended
accounts · AA01
2023-08-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-08-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-09
appoint-person-secretary-company-with-name-date
officers · AP03
2022-08-09
appoint-person-director-company-with-name-date
officers · AP01
2022-08-09